Facebook reportedly offered to help create rivals to avoid antitrust lawsuits


We’ve asked Facebook about the licensing claim. A spokesman, Chris Sgro, told the Post that Facebook would “vigorously defend” itself.

The lawsuits from the FTC and 48 states are focused on Facebook’s acquisitions of Instagram and WhatsApp. While both deals received approval in 2012 and 2014 respectively, the internet giant is now accused of using those purchases to stifle competition from rivals. Facebook has called the suits “revisionist history” and pointed to companies like Google, Snap, TikTok and Twitter as proof of fierce competition. It has turned to advertising and other political advocacy in hopes avoiding a regulatory crackdown.

It’s not certain if code licenses would have helped. Alternative social networks have popped up in recent years, sometimes in direct response to Facebook — technical know-how isn’t necessarily the issue. Rather, the concern has usually revolved around the network effect and customer lock-in. It can be tough to leave Facebook or its services when your friends and family are there, and it gets that much harder if you’re using Facebook credentials across services like Instagram and WhatsApp.



Source link

We will be happy to hear your thoughts

Leave a reply

reHviews.com
Logo
Login/Register access is temporary disabled